Instrument: USDIDX
Bullish Preference:
A buy position is envisaged if the price trades above 102.634 with take profit at 102.764.
Bearish Preference:
A sell position is envisaged if the price trades below 102.243 with take profit at 102.105.
Fundamentals:
2:45pm
USD Flash Manufacturing PMI
USD Flash Services PMI
Comment:
Powell finished his two-day testimony before Congress by reiterating that U.S. interest rates could rise at least two more times this year to contain high inflation.
Analysis: SCRUM Team